When petroleum products are traded, volumes have to be converted into weight, and vice versa. It is vital for this calculation to be performed correctly because even the smallest inaccuracy will affect key processes in the supply chain of oil and gas companies – from the safety of the loading and warehousing operations through to the computation of tax liability.
OpenTAS QCM (Quantity Conversion Module) offers a proven, precise and extremely cost-effective set of functions for quantity conversion: One single system for accounting, terminal management, and administration.
OpenTAS QCM embeds the standard API (ASTM D 1250-80) implementation routines and utilizes the standard API functions to calculate the volume correction factor. It also implements an alternate volume correction factor calculation from the Manual of Petroleum Measurement Standards.
The tool can be deployed as a stand-alone system accessed over RFC (Remote Function Call) as well as in any Terminal Administration System like OpenTAS. Beyond that it works as an integral part of ERP/SAP systems and industry solutions such as SAP IS Oil and SAP SDM (Secondary Distribution Management for Oil & Gas).
"Implico’s OpenTAS QCM is all we could have wished for. It runs silently in the cloud and calculates all our quantities automatically, reliably and in no time at all. Quantity conversion with QCM is very easy and practical, especially since it is perfectly integrated into our SAP ERP system. It’s the perfect solution for us."
John Scully, SAP Project Manager
Certas Energy Retail Europe